https://twitter.com/CollinCrypto/status/585262365282852864
"Cybercoin address w/ 93m $CC staked 8.5m block, 42k to dev address. 47% of supply. 13k more blocks of this shit lol. HT @jyap"
Explorer:
http://cryptobe.com/block/40c4cac7bef91c5677595d3e4ec2a4c3b5df3ffaaa6301f5df7a8422e574d9d2
"Cybercoin address w/ 93m $CC staked 8.5m block, 42k to dev address. 47% of supply. 13k more blocks of this shit lol. HT @jyap"
Explorer:
http://cryptobe.com/block/40c4cac7bef91c5677595d3e4ec2a4c3b5df3ffaaa6301f5df7a8422e574d9d2
https://twitter.com/jyap/status/585256157440126976
it was @jyap's original tweet.
That is not the devs address. That is mine. If people are that bothered about me staking the coins I will stop it for sake of the coin? But isn't that defeating the point of pos? I will gladly donate a shed load once I know plans. I not planning on dumping I want to see this work.
After high vPOS stage you will have ~98% of all coins with total amount ~20 billions. Who will buy this coin with such distribution? No one.
Launch failed due to coin specs.
He is not planning. He is already dumping
. See this post: https://bitcointalk.org/index.php?topic=1006415.msg11002975#msg11002975The only way he knows the one who dumps is not the Dev - is he (borris123) dumps the coins himself
But actually that is natural - he knows the price will fall, he has a loads of coins, so he dumps while price is high, to possibly buy at dirt cheap prices
. I would do the same if I had so many coins In general, teh distribution of this coin is one of the unfairiest one could imagine (like classic real-world money distribution in contemporary world though
)- the wealthy ones get even wealthier (high reward via vPos), the poor ones get even more poor due to inflation (as their stake is practically zero).The only way to get rich in this coin - buy at dirt cheap prices - IF you trust this Dev will deliver anything, so price will move a little bit higher later. Big IF, though.